Monetary policy 1 0810

Central Banks and Monetary Policy

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Functions of a Central Bank ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Note Issuing Agency ,[object Object],[object Object],[object Object],[object Object]

Banker to the State ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Banker’s Banker ,[object Object],[object Object],[object Object]

Lender of Last Resort ,[object Object],[object Object]

Central Bank and Monetary Policy ,[object Object],[object Object],[object Object],[object Object],[object Object]

Cash Reserve Ratio ,[object Object],[object Object],[object Object]

Statutory Liquidity Ratio ,[object Object],[object Object],[object Object]

Open Market Operations ,[object Object],[object Object],[object Object]

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Changing the bank rate: ,[object Object]

[object Object],[object Object],[object Object],[object Object]

Direct Credit Control ,[object Object],[object Object],[object Object]

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